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The R.I. Economic Development Corporation Monday night approved issuing bonds to buy the former Interstate 195 land in Providence and dredge the channel leading to the Port of Davisville in North Kingstown. more
Banco Santander SA and Banco Bilbao Vizcaya Argentaria SA were among 28 Spanish banks downgraded by Moody’s Investors Service, which cited the country’s sovereign debt and rising losses on real estate loans. more
The Rhode Island Economic Development Corporation has hired Maine-based research and planning firm Planning Decisions, Inc. to conduct an economic impact study of the America’s Cup World Series Event taking place this week in Newport. more
Two sources of grant funding designed to boost the economy were announced Monday by the Department of Labor and Training and the U.S. Department of Defense. more
The town of West Warwick and the Warwick Police Department landed $125,000 and $500,000, respectively, from the U.S. Department of Justice Office of Community Oriented Policing Services. more
Dr. Timothy J. Babineau has been named the next president and CEO of Lifespan, the company announced Monday. more
The General Assembly has allocated $500,000 to help establish a private/public partnership with the JASON Project, a nonprofit designed to help teachers develop 21st-century skills. more
Nortek Inc., HVAC and ventilation maker, has joined the Russell 3000 and Russell 2000 indices, the company announced Monday. more
Rhode Island’s gasoline price dropped three more cents this week in the 10th consecutive week of declines, according to AAA Southern New England. more
Carolyn Rafaelian, owner and president of Alex and Ani, has been named the 2012 Ernst & Young Entrepreneur of the Year in the consumer products category in New England. more
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